Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below the $70-a-barrel threshold.
Oil Steady Amid Demand Concerns, Stronger U.S. Dollar
Oil prices were broadly stable despite ongoing investor disappointment over China’s stimulus plans and a stronger dollar, with investors awaiting the monthly OPEC and IEA reports, as any further downgrades to demand-growth estimates could weigh on sentiment.
Oil prices slip over 1% on strong dollar, easing supply risks
Oil prices moved lower after spending most of the trading session flat on Monday as a strong dollar weighed on sentiments.
Oil Holds Biggest Drop in Two Weeks on Demand Concern and Dollar
Oil held the biggest drop in two weeks on a soft demand outlook in China, a stronger US dollar, and concerns the market may flip to oversupply.
Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China's latest stimulus plan.
Oil Extends Losses on Stronger Dollar, China Pessimism
Oil prices lost further ground in early trade on a stronger dollar and pessimism over Chinese demand growth. Brent crude traded 1.4% lower to $72.86 a barrel, while WTI fell 1.6% to $69.26 a barrel. The dollar was up 0.
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Gas prices slip as 'fear factor in the price of crude' seen to fall
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